Audit Quote by G. Edward Griffin
“This is very intriguing to think we should audit the Fed, but I discovered that probably if they audited the Fed, it would get a clean bill because it's undoubtedly doing exactly what it's supposed to do according to the law.”
About This Quote
Source Interview: The Money Masters Documentary, 1995
Auditing the Federal Reserve would likely reveal compliance with its legal mandate, suggesting systemic self‑validation.
In simple terms: Fed audits may show legal compliance.
Question the effectiveness of oversight.
Themes
Mood
Type
When to use this quote
- financial analysis
- policy review
- public hearings
- academic research
Key Concepts
Questions to Reflect On
- What would a truly independent audit uncover?
- Are legal standards sufficient for public trust?
Audits may overlook deeper issues of power and influence.